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Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...
News

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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News

Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...
News

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...
Business

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...
News

Nnamdi Kanu Appeals Life Sentence, Seeks Quashing of Terrorism Conviction

KEY POINTS Nnamdi Kanu has personally filed an appeal to quash his life sentence...

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